BRIAN CAROLAN - 25 Jun 2021 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Role
VP Finance and CFO
Signature
Warren H. Mondschein, Attorney-in-Fact
Issuer symbol
CVLT
Transactions as of
25 Jun 2021
Net transactions value
-$927,518
Form type
4
Filing time
29 Jun 2021, 16:03:07 UTC
Previous filing
11 Jun 2021
Next filing
17 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLT Common Stock Options Exercise $148,589 +3,270 +3% $45.44 113,329 25 Jun 2021 Direct F1
transaction CVLT Common Stock Sale $267,813 -3,270 -2.9% $81.90 110,059 25 Jun 2021 Direct F1
transaction CVLT Common Stock Options Exercise $366,019 +8,055 +7.3% $45.44 118,114 28 Jun 2021 Direct F1
transaction CVLT Common Stock Sale $659,704 -8,055 -6.8% $81.90 110,059 28 Jun 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CVLT Options to Purchase Common Stock Options Exercise $148,589 -3,270 -7.2% $45.44 42,029 25 Jun 2021 Common Stock 3,270 $45.44 Direct F1, F2
transaction CVLT Options to Purchase Common Stock Options Exercise $366,019 -8,055 -19% $45.44 33,974 28 Jun 2021 Common Stock 8,055 $45.44 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All transactions shown on this form have taken place pursuant to a pre-arranged trading plan in compliance with Rule 10b5-1 of the Securities and Exchange Act of 1934.
F2 The options vested over 4 years from the date of grant, as follows: 25% on the first anniversary of the grant, quarterly thereafter for the remaining three years.